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Online algorithms are designed to make decisions sequentially, without complete knowledge of future inputs. In many real-world applications—from scheduling and resource allocation to network ...
Are online shopping algorithms colluding to keep prices high? The Artificial Intelligence behind retail websites has learnt that the best strategy is to copy each other’s prices.
Online pricing algorithms can game the system and ultimately end up costing the consumer more. And the impact of these program can go beyond just a few extra dollars at checkout.
Pricing algorithms constantly watch other online shops. Kaspar Grinvalds/Shutterstock Monitoring the prices of competitors and reacting to price changes is normal and legal activity for businesses.
Social media companies’ drive to keep you on their platforms clashes with how people evolved to learn from each other. One result is more conflict and misinformation.
Simply sign up to the Technology sector myFT Digest -- delivered directly to your inbox. The UK’s competition watchdog has said the algorithms that underpin online content, including news ...
Forget driverless cars. The real concern is when algorithms start making decisions about employees. Psychologists who study the workplace have long recognised that the quirkiness of employment ...
When we’re looking for something online, Google’s algorithm frees us from having to sort and search through multitudes of only not-very-relevant results. On the other hand, algorithms might ...
I lost my son to a social media challenge. The Kids Online Safety Act could protect other children from dangerous content ...